GCO
Education Loan Funding Corp.(GCO-ELF)
Launches Educated Borrower Suite of Private Education Loan Programs
Denver, CO - January 24, 2006 - GCO Education Loan Funding
Corp, announced today that it has successfully launched its suite of The
Educated BorrowerT private student loan products. The Educated BorrowerSM
(www.educatedborrower.com)
offers intelligently engineered products for students and families at every
phase of their education process, from K-12 through post graduate study.
"In addition to an attractively priced product set, our
borrower experience and ease of process are what set us apart from the
competition," said Robert Culnane, Managing Director of GCO-ELF. "Our
products have been designed to take the mystery out of student loan financing
which can frequently be a confusing process for students and families," added
Culnane.
The Educated Borrower Loan offers real-time loan
decisions with prompt funding. "We're quite excited about our entry into
the growing private student loan market. The evolution of The Educated
Borrower private loan product provides a complement to our fast growing
presence on the FFEL side of our business," concluded Culnane.
About GCO Education Loan Funding Corp.
Headquartered in Denver, CO GCO Education Loan Funding Corp. (GCO ELF) commenced operations in September 2004 by acquiring the student loan assets and infrastructure from GMAC Education Loan Funding Corp. GCO ELF is a specialty finance company that serves as a secondary market for federally supported student loans in the United States. The company helps meet the needs of higher education by providing liquidity to national and regional financial institutions and marketing entities that source student loans. GCO ELF currently holds in excess of two billion dollars in student loans assets and ranks among the nation's leaders in terms of total student loan assets.
GCO ELF developed The Educated Borrower, a non-federally
supported student loan program to augment its product offering and better
service the needs of financial institutions, schools, marketing entities and
students. The program launched in January 2006.
About Greystone & Co., Inc
©2006 GCO Education Loan Funding Corp. All Rights Reserved together with its affiliates is a private investment and real estate organization with expertise in a range of loan products, servicing, trading, securitization and transaction structuring.
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